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Foreclosure Homes in Redkey, IN 47373

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Redkey, IN Foreclosures

How much do homes sell for in Redkey, IN?
The average home price is currently $157,926.
In Redkey, IN, how many homes are available?
There are currently 3 active home listings available in Redkey.
What’s the average rental cost in Redkey, IN?
The average rental price in Redkey is $932.
What is the most expensive home in Redkey?
The most expensive home sold in Redkey had a price of $1,567,412.
What is currently the cheapest priced home in Redkey, IN?
The cheapest home for sale in Redkey is priced at $17,773.

Living in Redkey, IN

Redkey, IN, offers a charming small-town atmosphere with a focus on community and outdoor recreation. Families and retirees find it an ideal place to live, with access to quality schools, parks, and local events. The town's close-knit nature fosters community engagement and support.

Current Market Conditions in Redkey, IN

The real estate market in Redkey is characterized by affordable home prices and a growing demand for housing. Investors looking for opportunities in picturesque small towns will find a range of properties, from traditional family homes to quaint cottages, that appeal to buyers seeking tranquility.

There is an upward trend in property values as more buyers discover the charm of Redkey, leading to favorable conditions for real estate investment. This makes the area appealing not only for homebuyers but also for investors looking to acquire rental properties.

Home Value Estimator For Redkey, IN

There are currently 749 real estate properties in Redkey, IN, with a median automated valuation model (AVM) price of $122,291.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Redkey, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Redkey, IN, is $157,926.00, with the most expensive house in Redkey, IN, topping out at $1,567,412.00 and the cheapest home in Redkey, IN, clocking in at $17,773.00. In other words, there’s something for every potential homebuyer or savvy investor in Redkey, IN!

Rent Prices In Redkey, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Redkey, IN, is on a rollercoaster ride. The average rent price in Redkey, IN, is $932.00. Indeed, when looking to rent in Redkey, IN, you can expect to pay as little as $470.00 or as much as $1,730.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Redkey, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Redkey, IN 47373 Foreclosures

Market Trend for Redkey, IN

Total Listings Available: 3

Market Values:

Home Prices from $17,773 to $1,567,412

Average Sales Price: $157,926

Rental Values:

Rental from $470 to $1,730

Average Rent Value: $932 / month

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